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Pulished Date April, 2021
ID: 8863
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RO Membranes Market Analysis – By Material Type (Cellulose-Based, Thin Film Composite), Filter Module (Plate & Frame, Tubular-Shaped, Spiral-wound, Hollow-fiber), Application (Desalination System, RO Purification System, Medical Devices & Diagnostics), Region ((North America (U.S., Canada), Europe (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of EU), Asia Pacific (India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC), Latin America (Brazil, Mexico, Argentina, Chile), Middle East and Africa (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)) - Global Industry Analysis on Size, Share, Trends, Growth, Forecast | 2021 – 2026

Pulished: April, 2021
ID: 8863
Pages: 100

RO Membranes Market Size & Growth (2019-2024):

The Global RO Membranes Market Size is Projected to grow with a CAGR of 8.7% during the forecast period 2019-2024.

Overview:

The membrane of reverse osmosis (RO) is a substance with small pores that eliminate salts and molecules absorbed from the sea or brackish water. RO is the most cost-effective and realistic way to purify and treat air. The RO membrane is fragile and expensive, so safety is required. Ever since the discovery, the membranes have been progressively improved and ways of packaging them have been developed. As a result, today's RO plants are compact and easy to operate, and thus no phase change is necessary.

Due to the existence of many other well-established manufacturers and vendors, the international reverse osmosis membrane industry is extremely competitive.

Market Drivers

Factors driving the growth of the reverse osmosis membrane market are increasing demand for drinking water and increasing population worldwide. In addition, due to higher concerns about safe drinking water, high-growth applications such as marine desalination systems and RO purification systems are expected to lead the market.

Key Challenges 

However, variables such as high membrane costs are anticipated during the forecast period to limit future growth. On the contrary, strong consumer adoption is anticipated to be witnessed by the development of hybrid & advanced membrane technology with a low energy rate of consumption. The major factors expected to hinder the growth of the global reverse osmosis membrane market are also the short life span of the RO membrane and the loss of essential nutrients from the water.

Growth Opportunities

Industrial growth and a steady rise in infrastructure have contributed enormously to water pollution, which is expected to drive the need for water purification and thus, eventually, create opportunities for market players.

REPORT COVERAGE

Report Metric

Details

Market Size Available

2018 – 2024

Base Year

2018

Forecast Period

2019 - 2024

Segments Covered

By Material Type, Filter Module, Application, Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Toray Industries, Lgchem, Hydranautics, Toyoboco, Lanxess, Dow Chemical Company, Koch membrane system, Microdynnadir, Membranium & Axeon Water Technologies

This research report on the Global RO Membranes Market has been segmented & sub-segmented into the following categories and evaluated market size & forecast for each segment until 2024.

RO Membranes Market - By Material Type:

  • Cellulose-Based
  • Thin Film Composite

RO Membranes Market - By Filter Module:

  • Plate & Frame
  • Tubular-Shaped
  • Spiral-wound
  • Hollow-fiber

RO Membranes Market - By Application:

  • Desalination System
  • RO Purification System
  • Medical Devices & Diagnostics

RO Membranes Market - By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The area of Asia-Pacific is the largest RO membranes market. During the forecast period, the RO market is likely to record substantial growth, linked to huge populations in the region's developing economies. Certain factors driving the market are strong-growth areas of usage, such as marine desalination systems and RO purification systems, along with strict regulations, due to the increased concerns about clean drinking water.

Industrial growth and rapid infrastructure development have contributed enormously to water pollution, which is supposed to drive the need for water purification and thus eventually create market players opportunities. Nonetheless, variables such as high membrane costs are projected during the forecast period to limit market growth.

The Middle East & Central Asia is made up of fossil-fuel-rich countries, but water is a rare commodity in the area. Therefore, the growth of innovative technology and flexible facilities to meet the demands for drinking water is among the national governments ' top priorities.

Due to the high knowledge of water-borne diseases among people and the use of RO systems by industry and governments, North America is also estimated to account for a major market share of reverse osmosis membranes throughout the forecast period. The U.S. is indeed a major North American market for RO membranes.  

Some of the Key Players leading the RO Membranes Market Profiled in the Report are Toray Industries, Inc., LG Chem., Hydranautics (A Nitto Group Company), Toyobo Co., Ltd., Lanxess AG, The Dow Chemical Company, Koch Membrane System, Microdyn-Nadir GmbH, Membranium (JSC RM Nanotech), and Axeon Water Technologies. 

 

RO Membranes Market

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms by raw materials,by application,along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

RO Membranes Market

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